DINO - Energy Company HF Sinclair's Diversified Portfolio Aids Solid Performance; Declares Dividend | Benzinga
HF Sinclair Corp (NYSE: DINO) Corp reported Q3 2023 revenues declined 16% Y/Y to $8.91 billion, beating the consensus of $8.658 billion.
Adjusted EBITDA fell 20% Y/Y to $1.21 billion in the quarter. Adjusted EPS of $4.06 beat the consensus of $3.67.
Refining segment adjusted EBITDA declined to $1.01 billion from $1.45 billion a year ago due to lower gross margins in the West and Mid-Continent regions and a decline in product sales volumes.
Renewables segment adjusted EBITDA stood at $5.0 million vs. $(14.2) million the prior year. Marketing segment EBITDA was $21.1 ...